Brookline Enterprises has current after-tax operating income of $100 million and a cost of capital of 10%. The firm's return on invested capital is equal to its cost of capital. Assume that the firm is in stable growth, growing 5% a year forever. What is the firm's reinvestment rate?

Using the same assumptions from the previous question, please calculate the value of Brookline Enterprises.

What is the value of Brookline enterprises assuming a zero reinvestment rate and no growth?